Press release
direct/ Studsvik AB (SE) - Studsvik acquires German Consulting and Engineering Company
Studsvik has acquired the German nuclear consulting and engineering company Dr. Fary. The company employs five consultants and had a turnover 2006 of 650 kEUR. Dr. Fary was established in 1990 and adds expertise to Studsvik within licensing, nuclear safety, emergency and technical documentation.Lifetime extension and decommissioning projects will increase demand in Germany for consulting and engineering services in general, but more specifically for safety-related services. Dr. Fary GmbH & Co KG, located in Kiel, is a small consulting company with long experience of servicing the nuclear power plants in Germany with safety related consulting.
Studsvik´s German-based operations are active in the two Strategic Business Areas, Decommissioning and Service and Maintenance, offering a wide range of services including consulting and engineering services. The operations of Dr. Fary GmbH & Co KG will be integrated into Studsvik´s German operations as of April 1, 2007.
For further information, please contact:
Magnus Groth, CEO, +46 155 22 10 86, +46 709 67 70 86
Ulf Kannengiesser, Geschäftsführer, +49 7231 586 95 11, +49 173 345 94 31
Facts about Studsvik
Studsvik is a leading service supplier to the international nuclear industry. The company has almost a half century´s experience of nuclear technology and radiological services. Studsvik addresses a market in strong growth with specialized services in four Strategic Business Areas: Waste Treatment, Decommissioning, Operating Efficiency and Service and Maintenance. Studsvik has 1,200 employees in 7 countries and the company´s shares are listed on the Nordic Stock Exchange, Stockholm, MidCap.
Studsvik acquires German Consulting and Engineering Company
http://hugin.info/131689/R/1116222/204086.pdf
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